RETAIL/FMCG Gokaldas Exports Steps Up Capacity, Diversifies Customer Base In Big Way

Bengaluru-based Gokaldas Exports Ltd. is expanding manufacturing capacity, diversifying its customer base and strengthening vertical integration as it prepares for a gradual recovery in global apparel demand. The apparel manufacturer and exporter is commissioning new capacity in Bhopal and Karnataka and expanding operations in Kenya, with the additions expected to come on stream in the […]

CW Bureau · Sep 6, 2026

BANKING & FINANCE Muthoot Finance To Merge Wholly Owned Subsidiary Muthoot Money

Muthoot Finance Ltd has approved a scheme of amalgamation with its wholly owned subsidiary Muthoot Money Ltd (MML), as part of a group-wide consolidation exercise. MML is a non-deposit taking NBFC classified under the middle layer, while Muthoot Finance is an upper-layer NBFC. Both companies are primarily engaged in the gold loan business. Scheme requires […]

CW Bureau · Aug 31, 2026

GENERAL TVS Holdings To Issue ₹987 Cr Non Convertible Redeemable Pref Shares

TVS Holdings Ltd will issue and allot forty six 6% cumulative non-convertible redeemable preference shares (NCRPS) to its shareholders as bonus shares for every one fully paid-up equity share held. The National Company Law Tribunal (NCLT), Chennai Bench, has sanctioned the Scheme of Arrangement between TVS Holdings and its shareholders, paving the way for the […]

CW Bureau · Aug 28, 2026

RETAIL/FMCG Vintage Coffee To Up Freeze-Dried Coffee Capacity To 16,500 Tonnes

Vintage Coffee and Beverages Ltd is expanding its freeze-dried coffee capacity by 5,500 tonnes per annum, taking total installed capacity to 16,500 tonnes from the current 11,000 tonnes. The company has secured land from the Telangana Government under the Food Processing Zone. It has also paid substantial advances to equipment suppliers and started construction. Expansion […]

CW Bureau · Aug 11, 2026

BANKING & FINANCE IBC Resolution Facilitates Creditors Recover Over ₹4 Lakh Cr In 10 Years

The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, has completed 10 years, marking a significant milestone in India’s financial and legal reform journey. Over the past decade, the IBC has evolved into a key institutional mechanism for improving credit discipline, accelerating recovery processes and strengthening confidence in the country’s insolvency ecosystem. […]

CW Bureau · May 28, 2026

INFRASTRUCTURE Adani Power To Acquire JPVL 24% Stake, UP Thermal Plant For ₹4,194 Cr

Adani Power Ltd, part of the diversified Adani Group with interests across energy, infrastructure and logistics, has signed definitive agreements with Jaiprakash Associates Ltd (JAL) to acquire a 24% stake in Jaiprakash Power Ventures Ltd (JPVL) and a 180-MW thermal power plant in Uttar Pradesh for a total consideration of ₹4,193.59 crore. The acquisition is […]

CW Bureau · May 21, 2026

INFRASTRUCTURE Adani Ports & Logistics To Acquire Jaypee Fertilizers Firm For ₹1,500 Cr

Adani Ports and Logistics Ltd, a logistics and integrated transport infrastructure arm of the Adani Group, has entered into a Share Purchase Agreement with Jaiprakash Associates Ltd (JAL) to acquire 100% shareholding in Jaypee Fertilizers & Industries Ltd (JFIL) for a cash consideration of ₹1,500 crore. JFIL is the holding company of Kanpur Fertilizers and […]

CW Bureau · May 21, 2026

HOSPITALITY Oberoi Realty Consortium Completes Hotel Horizon Acquisition For ₹460 Cr

Oberoi Realty Ltd along with consortium partners Shree Naman Developers Pvt Ltd and JM Financial Properties and Holdings Ltd has acquired 49.99% shareholding in Hotel Horizon Pvt Ltd by investing ₹460 crore following the implementation of the Corporate Insolvency Resolution Plan approved by the Mumbai bench of the National Company Law Tribunal (NCLT). As part […]

CW Bureau · May 8, 2026

MANUFACTURING Ballarpur Industries Charts Revival Roadmap Under New Board

Ballarpur Industries Ltd (BILT), a leading manufacturer of writing and printing (W&P) paper and subsidiary of Finquest Financial group, is charting a revival strategy under its newly constituted board following the successful completion of its insolvency resolution process. BILT is undertaking a comprehensive review of its policies, processes and practices to align with its long-term […]

CW Bureau · Apr 16, 2026

MANUFACTURING Jindal Poly Films Drop Demerger Plan Citing Delays, Market Uncertainty

Jindal Poly Films Ltd (JFPL) has decided to voluntarily withdraw its application related to the demerger of non-woven fabrics business division into its subsidiary with Global Nonwovens Ltd in view of procedural and regulatory delays along with geopolitical uncertainties. Withdrawal limited to regulatory filing The company clarified that the withdrawal pertains only to the application […]

CW Bureau · Apr 10, 2026

HOSPITALITY Thomas Cook Board Clears Demerger Of Resorts Biz Into Sterling Holiday

The board of Thomas Cook (India) Ltd (TCIL) has given its in-principle approval for the demerger of its Resorts and Resort Management business into Sterling Holiday Resorts Ltd (SHRL), along with a subsequent capital restructuring of the former. The proposal is subject to final approval from the National Company Law Tribunal (NCLT). The demerger will […]

CW Bureau · Mar 21, 2026

MANUFACTURING JK Paper Composite Scheme Merged Takes Effect After NCLT Order Filing

JK Paper Ltd said that composite scheme of arrangement involving its wholly owned subsidiaries became effective from March 15, 2026, following the filing of a certified copy of National Company Law Tribunal (Ahmedabad bench) order with the Registrar of Companies. The merger is aimed at consolidating paper and packaging businesses and streamlining the corporate structure […]

CW Bureau · Mar 15, 2026